Business News In Nigeria

  Naira fell against the U.S. dollar at the parallel market Wednesday, days after CBN adopted the Nafex exchange rate. The local unit closed at N 493.00 at the black market, a 1.23 percent fall from N487.00 it traded on Tuesday, update posted on abokiFX.com, a website that collates parallel market …

The year 2021 is looking more profitable than the previous year amid records of disturbances in financial markets, with a growing number of high dividend-yielding stocks as the economic recovery garners propulsion. Despite the recorded boom in the crypto market, some investors prefer less risky assets. These stocks come with …

A leading pan-African bank UBA is focused on economic growth and prosperity in African Continent. Africa is full of untapped resources and UBA is ready to contribute to the development of the continent. The UBA Africa Day Conversation will be coming up on the 25th of May 2021. Speakers for …

The sentiments of the market have weakened as altcoins reduced in value. Bitcoin lost as much as 10% of its value. Investors are rushing to sell their coin as it falls below $40,000.Negative news about altcoin over the past week has dampened sentiment for the flagship of the coin.

In recent years, several major banks launched new banking virtual assistant which has improve the banking experience. It has helped customers to manage online banking and everyday inquiries thereby reducing the number of people in the banking hall. You can recall that most times customers will have to queue in …

As part of precautions to grow revenue and attract investors to the mining industry, the Federal Government in conjunction with the United Nations Industrial Development Organisation on Monday unveiled a document on gold mining in Nigeria. UNIDO alongside Nigeria’s ministries of environment, mines and steel development, as well as health …